Supply and Demand - As of November 20, the production of pure benzene was 446,700 tons, a decrease of 7,600 tons, with an operating rate of 76.67%, down by 1.31% [2] - As of November 24, the total commercial inventory of pure benzene at Jiangsu ports was 164,000 tons, an increase of 17,000 tons from the previous period [2] - The operating rates of downstream products varied, with styrene at 68.95% (down 0.3%), phenol at 79.00% (up 11.4%), caprolactam at 88.24% (up 2.2%), and aniline at 75.68% (down 4.5%) [2] Market Outlook - Recent additions of production capacity and the restart of facilities have kept the overall supply of pure benzene loose, despite some reductions in production to maintain prices for loss-making products [3] - The significant increase in port inventory and continued high arrival volumes suggest a generally loose supply-demand expectation [3] - Short-term price adjustments for pure benzene may be influenced by oil price fluctuations, with attention on the progress of Russia-Ukraine negotiations [3]
纯苯：供需预期偏弱且地缘扰动油价 纯苯反弹承压
Jin Tou Wang·2025-11-25 02:20